I think that we have a situation here of dead money for the next 3-6 months. I have to admit that I full well anticipated the real uptick for the company to begin this quarter. Then you have a " prove it" scenario after that with Clearlink. It's really unfortunate that all of the work over the past year puts the company stock and perception back to where it was in Gilbert's last earnings call. I do believe that this management team can get it done. It will just be a rocky couple of quarters moving forward. I'll check back in September.
Agreed. I have been buying over the past 2 weeks. The volume is soooo low. On Tuesday, I think that I bought all but 1000 of the daily traded shares. Did you see that Commscope is issuing more shares? It sure looks like they will be back on the acquisition hunt
Can you really be that naive???? You obviously never have received stock grants or options in your career.FYI.. It is common practice to have your grants set up with the brokerage company to automatically surrender a portion of the shares as they vest to cover the tax consequence. Now you know. Try another bash.
It was officially launched last year. The first meaningful revenue units were in fact predicted to be in fiscal Q1. Fiscal Q1 just started (April) so I presume that we will get an update. Hopefully you knew when fiscal Q1 actually started?
Correct. I put several 1000 and 2000 AON orders in and could not get them filled. this certainly is not the behavior of a seller or they would have been filled at the ask
I bought a couple of 1000 share lots to test the behavior. The stock went or stayed up on a few thousand share blocks only to be moved back down on 100 or 200 share blocks. My take is that someone is building a position. Otherwise, I think that the majority of the trade volume would be flipped to the downside noit the upside. We'll get earnings and Q1 guidance Ina month so we will find out soon enough.
It seems that the Juniper news that brought down the sector was just that;Juniper news. If you look at Adtran last night and their earnings, you get a far different picture.
ADTRAN Chief Executive Officer Tom Stanton stated, “ADTRAN delivered a solid performance this quarter resulting in earnings coming in ahead of initial expectations. Compared to the same period last year, Q1 domestic revenue was up over 39% with increases in both our products and services businesses. Improved gross margins and lower operating expenses helped us increase operating income over 181% versus Q1 of 2015. Longer term, we expect further improvement in the carrier environment as customers accelerate investments in upgrading their network infrastructure to meet customer demand.”
Here we go again. A short term sell off on the Juniper news indicating that tier 1 providers delayed spending in calendar Q1 for Juniper gear. It looks like all of the gear companies are down on the news. Still no PR coming out of Westell in about a month and a half.
Northland still has OP and 2.50 target on website. I don't see that changing until some visibility after fiscal Q1 performance.
It's hard to disagree with the optics here. No press/product releases since March1 and the stock has traded in an extremely narrow range. At a buck and change its almost like getting RSUs instead of options but only better since there are far more shares
At some point, one would hope that the pony tailed Penny would entertain a buyout. I see that RKUS got taken out by brocade today. First WSTL has to show some sales momentum in fiscal 2017. I think that a year with revenues accelerating over $120 mil in 2017 would be enough to get some interest